In 2023, Germany led European food nominal expenditure at 204.19 thousand euros, followed by France and Italy. Notable increases in expenditure were seen in Poland and Slovakia, with growth rates of 8.31% and 10.82%, respectively. Kosova was the only nation to experience a downturn, with a decrease of 2.95%. Other countries showed growth, with growth rates varying between 2.22% in Ireland and 10.6% in Bulgaria. Generally, Eastern European countries exhibited higher growth rates compared to their Western counterparts.
The future trends to watch include potential market stabilizations post-2024, arising from economic fluctuations and geopolitical developments. Variations in consumer behavior, inflation, and government policies on food security could also influence expenditure patterns across Europe.
Top countries in Food Nominal Expenditure by Country
| # | 10 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 204,190 | 2023 | +3.92% | +5.28% | View data |
| 2 | 2 France | 177,000 | 2023 | +0.97% | +3.57% | View data |
| 3 | 3 Italy | 164,700 | 2023 | -0.086% | +3.18% | View data |
| 4 | 4 United Kingdom | 129,400 | 2023 | +2.01% | +3.83% | View data |
| 5 | 5 Spain | 112,920 | 2023 | +6.78% | +6.44% | View data |
| 6 | 6 Poland | 63,810 | 2023 | +2.39% | +8.31% | View data |
| 7 | 7 Netherlands | 49,250 | 2023 | +4.98% | +7.15% | View data |
| 8 | 8 Romania | 43,500 | 2023 | +2.96% | +7% | View data |
| 9 | 9 Switzerland | 36,290 | 2023 | +4.9% | +8.02% | View data |
| 10 | 10 Belgium | 33,570 | 2023 | +1.99% | +4.9% | View data |